Posted on 11/19/2010 7:26:24 AM PST by SeekAndFind
[S]ome of the things that the Tea Party movement is asking for are not achievable. And I'm not sure it's right. It's not doable to say we want to cut spending, we want to reduce the deficit, but we don't want to increase revenue. This algebraic equation will not work.
"Mandatory" programs, including net interest | 16.0% |
National defense |
3.5% |
All other discretionary spending |
3.3% |
Total | 22.9% |
Bookmark.
I thought it is Colon Bowel.
I’ve never heard a dunce more cocksure of himself than Colin Powell.
Sorry I had diarrhea of the keyboard..
Powell needs to go out and buy a copy of Algebra for Dummies.
So “revenue” comes from people collecting indefinite government benefits....got it.
I’ve been hearing the “we can’t cut the budget” nonsense for almost fifty years. The fact it, they, the politicians, don’t want to cut the budget. Too much pork to take home to the constituency. If many many pols don’t show results, i.e. money stolen from the electorate, to shower on their homies, they get voted out. No pol wants to tell his constits “we cut the budget, and you’re not getting any pork.”
This subject does that to me also.
Do the math ...
Al Gore could become worlds first carbon billionaire
Last year Mr Gores venture capital firm loaned a small California firm $75m to develop energy-saving technology.
The company, Silver Spring Networks, produces hardware and software to make the electricity grid more efficient.
The deal appeared to pay off in a big way last week, when the Energy Department announced $3.4 billion in smart grid grants, the New York Times reports. Of the total, more than $560 million went to utilities with which Silver Spring has contracts.
The move means that venture capital company Kleiner Perkins and its partners, including Mr Gore, could recoup their investment many times over in coming years.
(snip)
http://resources.bnet.com/topic/kleiner+perkins+caufield+&+byers.html
Former Secretary Colin Powell Named Strategic Limited Partner at Kleiner Perkins Caufield & Byers
MENLO PARK, Calif. Kleiner Perkins Caufield & Byers KPCB an innovator in providing venture and relationship capitalSM services to entrepreneurs announced former Secretary of State Colin Powell has become a KPCB strategic limited partner.
Humankind cannot gain anything without first giving something in return. To obtain, something of equal value must be lost. That is the Law of Equivalent Exchange.
Liberals and RINOS fail this lesson.
No matter what he says he is NOT a republican
If ever there was an example of RINO this is it
Spend less.
This solution requires the political will of a
Juan McCain, on the other hand, is merely a Vichy Republican. He doesn't actively seek opportunities to support the enemy, but merely does tasks which they assign in hopes he will be more popular. Karl Rove, as of late, has shown himself to be a Vichy Republican as well.
Then we have the garden variety RINO's, based in America East of the Hudson River (Bush family, Romney family, Rudi, etc.), but with tentacles reaching into every state including those as far away as Alaska (Murkowski) and Arkansas (Huckabee). Many of them are genuinely nice people. Some may even hold conservative views on some issues ). But they are all more comfortable with the Inside the Beltway ruling class than they are with rank and file Americans in flyover country, notwithstanding the fact that they can sometimes give good speeches, tell good jokes and do a generally good job of putting on a fine facade of relating to the rest of us.
By 2030, one in five residents of this country will be 65 or older--twice what it is now. 10,000 people a day are retiring and will continue to do so for the next 20 years. By 2030 there will be 2 workers for every retiree. Cutting spending will become more difficult as the baby boom cohort retires.
Keep in mind that this Republican (in name only) voted for Obuma. Using him as an expert on the Tea Party and on fiscal matters would be idiotic. Well, I guess since Larry King did it then it was done by an idiot.
Of course you can always do some cutting but the reality is that you can only grow your way out of it.
Growing your way out of is not very likely at this time because right now the best political campaign strategy for the GOP is to talk, talk, talk the economy down, down down.
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